Veto Electropowers (India) Private Limited - Company Profile

It is a manufacturing private limited company based in Mumbai, Maharashtra, India, established in 2007.
2007 Mumbai, Maharashtra, India Active
Last Updated:
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About Veto Electropowers (India) Private Limited

Veto Electropowers (India) Private Limited, a active private limited company, was established on 20 March 2007 in Mumbai, Maharashtra, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: U31909MH2007PTC168956. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹26.00 Cr and a paid-up capital of ₹18.63 Cr.

It upholds a compliant status. Employing 10 professional, Its leadership includes Narain Das Gurnani (Director), Akshay Kumar Gurnani (Director). Past directors included Narain Das Gurnani, Ekta Jain, Ayushi Jain. It holds ₹479.53 Cr open charges and ₹56.00 Cr settled loans. Its latest AGM occurred on 29 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1201 B Wing 12Th Floor, 81 Crest Cts No. G/318, Village Bandra Linking Road, Santacruz, Mumbai, Maharashtra, 400054.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U31909MH2007PTC168956

  • Registration Number

    168956

  • Incorporation Date

    20 March 2007

  • Authorized Capital

    ₹26.00 Cr

  • Paid-Up Capital

    ₹18.63 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 26.00 Cr
  • Paid Up Capital ₹ 18.63 Cr
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 479.53 Cr
  • Satisfied Charges ₹ 56.00 Cr
  • Revenue Growth **** -60.29%
  • Profit Growth **** -55.40%
  • Ebitda **** 70.89%
  • Net Worth 3.25%
  • Total Assets **** 5.11%
Company report

Veto Electropowers (India) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Veto Electropowers (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Veto Electropowers (India) Private Limited?
Current Directors
Name Designation Appointment Date Status
Narain Das Gurnani Director 27 Sep 2014 Current
Akshay Kumar Gurnani Director 27 Sep 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Jan 2008 Past
Pramod Abcsdd Company Secretary 27 Apr 2016 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Cfo 29 Mar 2016 Past
Pramod Abcsdd Company Secretary 30 Apr 2012 Past
Pramod Abcsdd Director 28 Jan 2011 Past

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Financial Performance of Veto Electropowers (India).

Veto Electropowers (India) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 60.29% decrease. The company also saw a substantial fall in profitability, with a 55.4% decrease in profit. The company's net worth moved up by a moderate rise of 3.25%.

Veto Electropowers (India) revenue growth over time
Veto Electropowers (India) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -60.29%
*******
*******
*******
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Revenue from Operations
*******
 -95.48%
*******
*******
*******
*******
Total Assets
*******
 5.11%
*******
*******
*******
*******
Profit or Loss
*******
 -55.40%
*******
*******
*******
*******
Net Worth
*******
 3.25%
*******
*******
*******
*******
EBITDA
*******
 70.89%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Veto Electropowers (India)?

In 2023, Veto Electropowers (India) had a promoter holding of 57.97% and a public holding of 36.23%. The company had 5 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹4,795,264,000.00

Satisfied Charges

₹559,960,000.00

Charges Breakdown by Lending Institutions
  • Sbicap Trustee Company Limited : 250.00 Cr
  • Hdfc Bank Limited : 121.03 Cr
  • Others : 90.00 Cr
  • Bank Of Baroda : 18.50 Cr
Latest Charge Details
Date Lender Amount Status
28 May 2025 Hdfc Bank Limited ₹75.00 Cr Open
04 Dec 2023 Sbicap Trustee Company Limited ₹250.00 Cr Open
05 Jun 2023 Hdfc Bank Limited ₹46.03 Cr Open
12 Oct 2021 Others ₹90.00 Cr Open
12 Jun 2007 Bank Of Baroda ₹18.50 Cr Open

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How Many Employees Work at Veto Electropowers (India)?

Veto Electropowers (India) has a workforce of 10 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Veto Electropowers (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Veto Electropowers (India)'s trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Veto Electropowers (India)
Recent Activity within the Organization
  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 75.00 Cr with Charge ID 101100063 was registered on 28 May 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Veto Electropowers (India) Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Veto Electropowers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    The activity A charge with Sbicap Trustee Company Limited of Rs. 250.00 Cr registered on 04 Dec 2023 with Charge ID 100825216 was modified on 05 Dec 2023. was completed.

  • Charges

    The activity A charge with Sbicap Trustee Company Limited amounted to Rs. 250.00 Cr with Charge ID 100825216 was registered on 04 Dec 2023. was completed.

  • Charges

    Progress on A charge registered on 13 Jan 2016 via Charge ID 10621411 with Indian Overseas Bank was fully satisfied on 22 Sep 2023. was documented.

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Frequently Asked Questions
What is the CIN of Veto Electropowers (India) Private Limited?

The CIN of Veto Electropowers (India) Private Limited is U31909MH2007PTC168956.

Where is Veto Electropowers (India) Private Limited headquartered?

Veto Electropowers (India) Private Limited is headquartered at 1201 B Wing 12Th Floor, 81 Crest Cts No. G/318, Village Bandra Linking Road, Santacruz, Mumbai, Maharashtra, 400054.

When was Veto Electropowers (India) Private Limited incorporated?

Veto Electropowers (India) Private Limited was incorporated on 20 March 2007.

Who are the current directors of Veto Electropowers (India) Private Limited?

The current directors of Veto Electropowers (India) Private Limited are

What is the primary industry of Veto Electropowers (India) Private Limited?

The primary industry of Veto Electropowers (India) Private Limited is Manufacturing.

Is Veto Electropowers (India) Private Limited a listed company?

Veto Electropowers (India) Private Limited is unlisted.

What is the capital structure of Veto Electropowers (India) Private Limited?

The authorized capital of Veto Electropowers (India) Private Limited is ₹26.00 Cr, and the paid-up capital is ₹18.63 Cr.

What is the compliance status of Veto Electropowers (India) Private Limited?

The compliance status of Veto Electropowers (India) Private Limited is Compliant.

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